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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: uu who wrote (23073)	11/12/1997 9:55:00 PM
From: Johnathan C. Doe	Read Replies (1) \| Respond to of 61433

Addi, lets see what the market gives, that is all I am looking at, not my fantasies. I never thought VST would go to 6, but it did and for no good reason other than two bad quarters. Ascend just had one bad one. Will we get two? If they warn in this market at the wrong time, a P/E of 8 might be doable. That is an educated position and a real possiblity. If you don't see it as possible, you are in love with this stock.

To: uu who wrote (23073)	11/12/1997 10:28:00 PM
From: dan serachitopol	Respond to of 61433

Dear Addi: I congratulate you for the courage you show. It is in difficult moments that true character shows up. The crazy Asian scare makes people forget how far ahead USA is in technology, across the board. All of the sudden, nothing has any value. We have by far the MOST dedicated workers, the BEST designers of everything, the best financial guys (well, with the madness on Wall Street, hard to say that right now). And we are afraid of Hong Kong, which, let's remember, was just swallowed by China. And those people have not a very bright financial future. That's the worst enemy of investing. And many people here are scared of the Hong Kong's problems ! Guys, wake up, we are USA, not a province of China ! We still have INTC, SUNW, ASND, CSCO, MSFT, and many others. Even our dynosaur, GE, is twice more productive than Germany's best company: Siemens. By the way: did you guys botice that HUNGARY was down 7% ? And Estonia 20% ?